Novibet & OKTO: iGaming Payments with NoviCASH

Novibet & OKTO: iGaming Payments with NoviCASH

@Novibet, a prominent #GameTech company with a strong presence across Europe, the Americas, and New Zealand, has recently announced a landmark strategic partnership with @OKTO, a leading #financialtechnology firm. This collaboration signifies a major advancement in the realm of payment solutions for the #onlinegaming industry. The partnership will kick off with the launch of #NoviCASH, an innovative cash-to-digital payment solution powered by OKTO, in Greece, followed by a rollout in Cyprus. NoviCASH is designed to integrate seamlessly with Novibet’s platform, setting a new benchmark for ease of use and accessibility for Novibet’s users, enhancing their overall gaming experience.

NoviCASH: Revolutionizing Payment Solutions in Online Gaming

NoviCASH is crafted to provide Novibet users with a streamlined and effortless method to top up their iGaming accounts using cash in real-time. Utilizing OKTO’s extensive network of over 13,000 points of sale throughout Greece, users can easily convert physical cash into digital currency. This innovative process ensures that transactions are secure, fast, and user-friendly, addressing the market’s demand for convenience and efficiency. By offering such a straightforward top-up method, NoviCASH significantly improves the user experience, making it easier for players to access and enjoy their gaming activities without any interruptions.

Future Expansion: Beyond Greece to Cyprus and Other Markets

The introduction of NoviCASH in Greece marks just the beginning of this strategic collaboration. Novibet and OKTO are committed to expanding the eVoucher payment solution and other advanced payment services to additional markets where Novibet operates. This ambitious expansion strategy aims to deliver a consistent and superior user experience across various regions, reinforcing Novibet’s dedication to exceeding player expectations. By broadening their reach, both companies seek to provide players with state-of-the-art payment solutions, ensuring a seamless, secure, and enjoyable gaming experience worldwide.

Key Insights from Novibet and OKTO Leadership

Nikos Bachas, Chief Strategic Partnerships & Project Officer at Novibet, emphasized the importance of this partnership in the dynamic and competitive online gaming industry. He stated, “In our industry, players expect nothing short of the best mobile-first gaming experiences, and payments are a critical component of this. Partnering with OKTO, a top-tier paytech company with a proven track record of delivering seamless payment experiences and operational excellence, ensures that Novibet stays true to its mission to meet and exceed player expectations, offering exceptional experiences across our regions of operation.”

Simon Dorsen, Chief Commercial Officer at OKTO, echoed these sentiments, highlighting the commitment of OKTO to meeting the evolving needs of players and merchants. He said, “OKTO is dedicated to meeting the evolving needs of players and merchants alike, and our strategic partnership with Novibet underscores this commitment. With NoviCASH, we provide players with the flexibility, convenience, simplicity, speed, and security they demand, all seamlessly integrated into the Novibet platform. Our proprietary paytech is designed to deliver tangible benefits to players and operators on a local level, ensuring a truly personalized experience while serving operators globally aligned with their expansion strategy.”

Enhancing the Player Experience: The Role of Advanced Payment Solutions

In the ever-evolving landscape of online gaming, the ability to provide a seamless and efficient payment experience is paramount. Advanced payment solutions like NoviCASH play a crucial role in enhancing the overall player experience. By offering a variety of payment options that are secure, fast, and user-friendly, online gaming platforms can significantly improve player satisfaction and retention.

The Importance of Real-Time Transactions

One of the standout features of NoviCASH is its ability to facilitate real-time transactions. In the context of online gaming, where the pace of play is swift and uninterrupted access to funds is crucial, real-time transactions provide a significant advantage. Players can top up their accounts instantaneously, ensuring they can continue their gaming sessions without any delays.

Security and Compliance: A Top Priority

Security and compliance are of utmost importance in the online gaming industry. The integration of NoviCASH into Novibet’s platform not only enhances the convenience of payment transactions but also ensures that these transactions are conducted securely. OKTO’s robust security measures and compliance protocols ensure that players’ financial information is protected, and transactions are carried out in accordance with regulatory requirements.

Looking Ahead: Future Prospects and Developments

The strategic partnership between Novibet and OKTO sets the stage for exciting future developments in the online gaming payment landscape. As the collaboration progresses, both companies are committed to exploring new opportunities and expanding their range of payment solutions to cater to the evolving needs of players. The planned expansion into Cyprus and other markets is a testament to their shared vision of providing a superior gaming experience through innovative payment technologies.

Conclusion: A New Era of Payment Solutions in Online Gaming

The collaboration between Novibet and OKTO marks a significant milestone in the online gaming industry. The introduction of NoviCASH powered by OKTO represents a major step forward in enhancing the convenience, security, and efficiency of payment transactions for players. As this partnership continues to evolve and expand, it holds the promise of setting new standards in the online gaming payment landscape, ultimately benefiting players and operators alike.

Frequently Asked Questions

What is NoviCASH and how does it work?
NoviCASH is a cash-to-digital payment solution integrated with Novibet’s platform, allowing users to top up their iGaming accounts in real-time using cash converted into digital currency through OKTO’s network.

Where has NoviCASH been launched?
NoviCASH has been initially launched in Greece, with plans to expand to Cyprus and other markets where Novibet operates.

How does NoviCASH enhance the player experience?
NoviCASH provides a secure, fast, and user-friendly method for players to top up their accounts in real-time, ensuring uninterrupted gaming sessions.

What is the strategic significance of the partnership between Novibet and OKTO?
The partnership aims to enhance payment solutions in online gaming, providing a superior user experience and expanding advanced payment services to new markets.

How does OKTO ensure the security of transactions?
OKTO implements robust security measures and compliance protocols to protect players’ financial information and ensure regulatory adherence.

What benefits does NoviCASH offer to Novibet users?
NoviCASH offers convenience, flexibility, speed, and security in topping up iGaming accounts, catering to the market’s preferences and enhancing the overall player experience.

Who are the key figures behind the Novibet and OKTO partnership?
Nikos Bachas, Chief Strategic Partnerships & Project Officer at Novibet, and Simon Dorsen, Chief Commercial Officer at OKTO, are key figures in this strategic collaboration.

What future developments can be expected from the Novibet and OKTO partnership?
The partnership aims to expand NoviCASH and other advanced payment solutions to additional markets, continuously enhancing payment technologies to meet player needs.

Why are real-time transactions important in online gaming?
Real-time transactions allow players to top up their accounts instantly, ensuring continuous play without delays, which is crucial in the fast-paced online gaming environment.

What makes NoviCASH a revolutionary payment solution in online gaming?
NoviCASH integrates seamlessly with Novibet’s platform, offering a hassle-free, secure, and efficient method for players to top up their accounts, setting a new standard in payment solutions for online gaming.


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